Czech Republic: Market for Industrial Sewing Machines (Non-Automatic) 2024

Market Size for Industrial Sewing Machines (Non-Automatic) in the Czech Republic

In 2022, the Czech industrial sewing machines (non-automatic) market decreased by -7.1% to $X, falling for the second consecutive year after three years of growth. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Industrial Sewing Machines (Non-Automatic) in the Czech Republic

In value terms, industrial sewing machines (non-automatic) production shrank to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 6.8%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Industrial Sewing Machines (Non-Automatic)

Exports from the Czech Republic

In 2022, shipments abroad of industrial sewing machines (non-automatic) increased by 18% to X units, rising for the second consecutive year after three years of decline. In general, total exports indicated a mild expansion from 2012 to 2022: its volume increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +82.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 54% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, industrial sewing machines (non-automatic) exports surged to $X in 2022. The total export value increased at an average annual rate of +2.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for industrial sewing machines (non-automatic) exports from the Czech Republic, with a 88% share of total exports. It was followed by Poland (X units), with a 1.8% share of total exports. The Netherlands (X units) ranked third in terms of total exports with a 1.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at +3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-5.6% per year) and the Netherlands (-8.6% per year).

In value terms, Germany ($X) remains the key foreign market for industrial sewing machines (non-automatic) exports from the Czech Republic, comprising 87% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 1.9% share of total exports. It was followed by Italy, with a 1.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled +4.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-7.5% per year) and Italy (-0.9% per year).

Export Prices by Country

In 2022, the average industrial sewing machines (non-automatic) export price amounted to $X per unit, leveling off at the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 22%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Industrial Sewing Machines (Non-Automatic)

Imports into the Czech Republic

After two years of growth, purchases abroad of industrial sewing machines (non-automatic) decreased by -5.3% to X units in 2022. In general, imports, however, enjoyed prominent growth. The growth pace was the most rapid in 2021 with an increase of 53%. As a result, imports reached the peak of X units, and then fell in the following year.

In value terms, industrial sewing machines (non-automatic) imports shrank rapidly to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 101% against the previous year. As a result, imports reached the peak of $X, and then contracted markedly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest industrial sewing machines (non-automatic) supplier to the Czech Republic, accounting for a 79% share of total imports. Moreover, industrial sewing machines (non-automatic) imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), tenfold. Poland (X units) ranked third in terms of total imports with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +11.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-0.6% per year) and Poland (+20.0% per year).

In value terms, China ($X), Poland ($X) and Germany ($X) were the largest industrial sewing machines (non-automatic) suppliers to the Czech Republic, with a combined 82% share of total imports.

Poland, with a CAGR of +27.0%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average industrial sewing machines (non-automatic) import price amounted to $X per unit, declining by -22.8% against the previous year. Overall, the import price showed a abrupt shrinkage. The growth pace was the most rapid in 2021 when the average import price increased by 32%. Over the period under review, average import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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